http://www.fabulouslybroke.com/2009/03/compounding-interest-de-mystified/ Just a Girl trying to find a balance between being a Shopaholic and a Saver Sun, 12 Feb 2012 21:24:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.fabulouslybroke.com/2009/03/compounding-interest-de-mystified/comment-page-1/#comment-24660 eyesglazeover Sun, 15 Mar 2009 16:23:00 +0000 http://www.fabulouslybroke.com/2009/03/15/compounding-interest-de-mystified/#comment-24660 I would add that by calculating the interest in shorter periods of time, it means that interest is calculated on the interest, which is part of how the effective rates increase so much. I would add that by calculating the interest in shorter periods of time, it means that interest is calculated on the interest, which is part of how the effective rates increase so much.

]]> http://www.fabulouslybroke.com/2009/03/compounding-interest-de-mystified/comment-page-1/#comment-24658 cleverchica Sun, 15 Mar 2009 15:13:00 +0000 http://www.fabulouslybroke.com/2009/03/15/compounding-interest-de-mystified/#comment-24658 This post was great, I'm a sophomore in college and this is what I'm learning in my accounting class! I discovered your fabulous blog a couple of months ago and I am hooked. It made me think about how and where I spend my money. Keep up the good work! This post was great, I’m a sophomore in college and this is what I’m learning in my accounting class! I discovered your fabulous blog a couple of months ago and I am hooked. It made me think about how and where I spend my money. Keep up the good work!

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